2- The Muslim Credit Union is one of the success Stories of Credit Unions.

"Pioneer Muslim Federal Credit Union  (PMFCU) was founded in 1981 by the
Momin community of Sidhpur, Gujarat, India. It is a member-owned financial
institution headquartered in Houston, Texas with a satellite office in Austin, Texas.

Members' savings are federally insured to at least $250,000 and backed by the
full faith and credit of the United States Government NCUA National Credit Union
Administration, a U.S Government Agency". Please refer to the PMFCU's Website

http://www.pioneeronline.
org/about-us/

Below is a selected financial information from Form 5300 that Credit Unions
submit to the US Government. To see a full financial report in comparative format
please
Click Here.
 
2008
2009
2010
2011
Number of
Members
4,859
5,177
5,538
5,843
Total assets
$41,307,089
$41,307,089
$48,876,959
$56,458,167
Net Income
$631,226
$1,042,221
$1,077,411
$1,118,277
The Coptic Credit Union Project
Success Stories

1- Catholic Federal Credit Unions 50 years of serving Catholic
community for all their financial needs! Through the years it has reached and
surpassed many milestones:

  1. Growth in assets from $500,000 to $200 million
  2. Membership growth from 500 to almost 22,000 members
  3. Staff growth from 2 to 75 people
  4. Branch growth from 1 office to 5 offices

Growth in Reserves & Undivided Earnings (in millions)
3- SELFRELIANCE UKRAINIAN AMERICAN:

Sixty years ago a small group of visionary Ukrainians recognized the need for a
financial institution that would serve the Ukrainian American community.

Even in these difficult economic times, the credit union remains profitable and
continues to provide financial services to members and supports the needs of the
churches and various organizations.

The Ukrainian credit union is a well run and operated institution. Every year the
Ukrainian credit union undergoes a regulatory examination conducted by the
National Credit Union Administration, an agency of the federal government, and a
certified audit by an independent
CPA firm, conducted in 2011 by Doeren Mayhew.

The Financial results for 2011 are as follows:

Assets: $424,272,206
Net Income: $780,440
Community Expenses: $510,326
Foundation: $2,400,000
Members: 22,482
Based on
2011 Annual Report
2007
2008
2009
2010
2011
Growth in Reserves &
Undivided Earnings (in millions)
$28,202
$26,685
$29,372
$31,030
$32,207
Assets (in millions)
$211,377
$227,958
$260,926
$286,500
$297,935
Loans (in millions)
$167,590
$172,238
$190,163
$191,436
$194,544
National Credit Union
Administration
Financial
Performance
Report
2007
2008
2009
2010
2011
Assets
$464,557,308
$472,052,527
$585,582,720
$426,767,868
$424,272,206
Loans to memebers
$252,708,969
$250,596,065
$237,500,117
$226,081,081
$219,039,551
Net Income
$4,660,660
$3,424,394
$1,770,814
$781,371
$780,440
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